The following adjusted trial balance is the result of the adjustments made at the end of the month of July for Ladonna
Douglas Company. Utilize these adjusted values to perform the closing entries for Ladonna Douglas Company.
Cash 34,750
Accounts Receivable 9,750
Office Supplies 2,525
Store Supplies 4,785
Machinery 10,750
Accumulated Depreciation 2,150
Accounts Payable 14,300
Notes Payable 11,500
Ladonna Douglas, Capital 53,725
Ladonna Douglas, Drawing 13,250
Service Revenue 41,500
Wages Expense 37,425
Rent Expense 3,000
Advertising Expense 2,750
Office Supplies Expense 1,465
Store Supplies Expense 2,150
Depreciation Expense 575
123,175 123,17

Answers

Answer 1

Answer: See explanation

Explanation:

The journal entry is given below:

Jul-31

Dr Service Revenue $41,500

Cr Income summary $41,500

Jul-31

Dr Income summary $47,365

Cr Wages expense $37,425

Cr Rent expense $3,000

Cr Advertising expense $2,750

Cr Office supplies expense $1,465

Cr Store supplies expense $2,150

Cr Depreciation expense $575.

Jul-31

Dr Retained earnings = ($47,365-$41,500) = $5,865

Cr Income summary $5,865

Jul-31

Dr Dividends $13,250

Cr Retained earnings $13,250


Related Questions

pasagot po!!

ap po ito please po pasagot matino po sana!!​

Answers

Produktong Agrikultural - Panibagong Anyo:Troso - LapisBaka - freshmilkBalat ng hayop - BagNiyog - bunotAbaka - tsinelasPinya - damitBakal - kalasag

☆彡Hanna

#CarryOnLearning

anong insidente na nagpakilala ng mabilis na galit ng kolonya ng amerikano sa britanya dahil sa pagdaragdag ng buwis sa staa sa kanilang inaagkat?​

Answers

sorry I don’t understand

2. Choose a product you're familiar with, and then write answers to the following.
a. Give an example of natural capital that is used to make this product. (Complete
sentences are not necessary. 2.0 points)
b. Give an example of human capital that is used to make this product. (Complete
sentences are not necessary. 2.0 points)

Answers

Product: Smartphone

What is the Natural Capital?

a. Natural capital: Coltan, a mineral ore containing tantalum, is utilized for manufacturing capacitors in smartphones due to its excellent heat resistance and electrical conductivity properties.

b. Human capital: Software engineers, who design and develop the smartphone's operating system, apps, and user interface, contribute their expertise, knowledge, and creativity in making the device user-friendly and functional.

Read more about natural capital here:

https://brainly.com/question/31714734

#SPJ1

Other Questions
Jenny is taking a vacation from Florida. She travels 70 kilometers per hour for 2 hours, and 63 kilometers per hour for 5 hours. Over the 7 hours time period what was Jenny's average speed? I need help, please!!!!6. Your ROM is not compromised when you suffer from pain, swelling, and stiffness in the joints, none ofwhich can prevent you from enjoying exercise.TrueO False Hola necesito la respuesta a esta pregunta: 1) En la definicin de potencia, la base: * a) corresponde al nmero de veces que se repite la base como factor b) corresponde al nmero que se multiplica por si mismo c) Corresponde a un nmero que se multiplica por otro d) Corresponde a un nmero que se suma varias veces In order to present an accurate picture of the financial health of his company, Bob reported all of the expenses that had been incurred, even if they had not been paid yet. Bob is practicing the __________ principle. a.) matching b.) measurement/cost c.) time period d.) full disclosure 1250 people visit a certain website every day. At this rate, how many visitors will the site receive in a week? PLEASE HELP!! This is timed, but I don't recall ever learning this info T-TI'll mark brainliest!! 6. According to this document, what was the position of the RepublicanParty in 1860 on the issue of expanding slavery into the territories? *Document 6Excerpt from the Republican Party Platform, 1860That the normal condition of all the territory of the United States is that of freedom. That, as ourRepubican fathers, when they had abolished slavery in all our national territory [Northwest Territory),ordained that "no persons should be deprived of life, liberty, or property without due process of law," itbecomes our duty, by legislation, whenever such legislation is necessary, to maintain the provision of theConstitution against all attempts to violate it, and we deny the authority of Congress, of a territoriallegislature, or of any individuals, to give legal existence to slavery in any territory of the United States.Source: Republican Party Platform, May 17, 1860 what do u value most in your life To what extent is Adam Clayton Powell effective in his call for a bipartisan approach to the political issues of his time? The procedure was awakened and taken to the recovery room in satisfactory condition. How should the HDS proceed? 3eeeeeeeeeeeeeeeeeeeeeeeeeeeereeeee Someone please help me with this question Any reaction that is not intended is called NEED HELP ASAP PLS How did the attacks of 9/11 change life in America?What can you learn from the events of 9/11 by analyzing primary documents? a chip of grass ruby book pasagot po!!ap po ito please po pasagot matino po sana!! sal'jdhkblajshdbjkadsbjadsds Acircle with radius of 2 cm sits inside a llcm x 12 cmrectangle.What is the area of the shaded region?Round your final answer to the nearest hundredth. HELP PLEASE, AND FAST THANKS Si un automvil logra una potencia util promedio de 250kw y se sabe que tiene un rendimiento energtico del 25%. Cuanta energia total consume en 1 min? Exprese el resultado en kj